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New Jersey Bond Businesses Eye New Growth, From Immigrants

2017-07-12 0 Dailymotion

New Jersey Bond Businesses Eye New Growth, From Immigrants<br />James Ryan McNeely, a New Jersey bondsman who specializes in immigration bail bonds at A. J. Dell’Omo<br />in Neptune, N. J., said his company was also selective about the immigration bail bonds it writes.<br />Some of the more than 800 licensed bail agents in New Jersey are now looking to follow Mr. Berlin, by shifting from a business under threat,<br />because its services are no longer needed by the state’s courts, to a related one they see as a growth area under a new administration that has taken a hard line on immigration.<br />“That’s it, conversation over.”<br />Nationally, two big, privately held companies provide immigration bonds, Libre by Nexus and Action Immigration Bonds.<br />Bail agents can charge a one-time fee, or premium, of 15 percent, for writing an immigration bond, compared with the 10 percent<br />that most had charged for state criminal bail in New Jersey.

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